Stocks hitting new 52 week highs on September 1 are National Retail Properties, Inc, Eldorado Gold Corp, Laclede Group Inc, WGL Holdings Inc, and Wet Seal Inc. Investors are buying the stock and pushing it higher because they may think that these stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.
Shares of National Retail Properties, Inc (NNN) had a total return adjusted 52 week high today of $27.32 per share and are currently trading at $27.32. The stock traded higher by 0.22% or $0.06/share to $27.32. The stock recorded a trading volume of 735631 today. This represents 2.17 times the average volume for National Retail Properties, Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Eldorado Gold Corp (EGO) had a total return adjusted 52 week high today of $20.30 per share and are currently trading at $20.38. The stock traded higher by 2.62% or $0.52/share to $20.38. The stock recorded a trading volume of 1889020 today. This represents 1.39 times the average volume for Eldorado Gold Corp. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
Shares of Laclede Group Inc (LG) had a total return adjusted 52 week high today of $39.80 per share and are currently trading at $39.98. The stock traded higher by 0.71% or $0.28/share to $39.98. The stock recorded a trading volume of 68327 today. This represents 1.97 times the average volume for Laclede Group Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of WGL Holdings Inc (WGL) had a total return adjusted 52 week high today of $41.48 per share and are currently trading at $41.59. The stock traded higher by 0.56% or $0.23/share to $41.59. The stock recorded a trading volume of 135686 today. This represents 1.25 times the average volume for WGL Holdings Inc. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
Shares of Wet Seal Inc (WTSLA) had a total return adjusted 52 week high today of $5.20 per share and are currently trading at $5.08. The stock traded higher by 0.79% or $0.04/share to $5.08. The stock recorded a trading volume of 775606 today. This represents 1.38 times the average volume for Wet Seal Inc. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
